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Indonesian (IDX) Steel Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies10
  • 7D-4.7%
  • 3M-4.4%
  • 1Y0.7%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 6.3%, driven by a pullback from Adaro Minerals Indonesia of 4.0%. As for the longer term, the industry's performance has been flat for the past year. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024Rp63.0tRp54.7tRp5.8t6.4x10.9x1.2x
Sat, 19 Oct 2024Rp73.3tRp55.8tRp7.0t6.9x10.5x1.3x
Mon, 16 Sep 2024Rp68.0tRp55.6tRp6.9t6.6x9.8x1.2x
Wed, 14 Aug 2024Rp66.9tRp55.1tRp6.2t7x10.7x1.2x
Fri, 12 Jul 2024Rp68.9tRp57.4tRp6.7t7.3x10.3x1.2x
Sun, 09 Jun 2024Rp65.7tRp64.9tRp6.9t7x9.5x1x
Tue, 07 May 2024Rp66.1tRp68.4tRp6.9t7.3x9.6x1x
Thu, 04 Apr 2024Rp65.6tRp68.0tRp6.4t7.6x10.3x1x
Sat, 02 Mar 2024Rp73.0tRp65.1tRp3.9t8.9x18.6x1.1x
Mon, 29 Jan 2024Rp65.9tRp66.5tRp3.9t10.9x17.1x1x
Wed, 27 Dec 2023Rp68.0tRp65.3tRp3.8t11.7x17.9x1x
Fri, 24 Nov 2023Rp61.8tRp71.0tRp4.6t8.9x13.4x0.9x
Sun, 22 Oct 2023Rp63.8tRp71.7tRp4.5t9.1x14.1x0.9x
Tue, 19 Sep 2023Rp73.2tRp69.7tRp4.4t11x16.6x1x
Thu, 17 Aug 2023Rp60.8tRp71.0tRp5.0t8.7x12.1x0.9x
Sat, 15 Jul 2023Rp55.4tRp75.5tRp6.0t8.3x9.3x0.7x
Mon, 12 Jun 2023Rp48.1tRp77.2tRp7.5t6.8x6.4x0.6x
Wed, 10 May 2023Rp54.4tRp76.6tRp7.6t6.1x7.1x0.7x
Fri, 07 Apr 2023Rp64.3tRp77.3tRp7.6t8.2x8.5x0.8x
Sun, 05 Mar 2023Rp69.6tRp78.8tRp8.9t6.6x7.8x0.9x
Tue, 31 Jan 2023Rp83.6tRp77.5tRp8.7t7.5x9.6x1.1x
Thu, 29 Dec 2022Rp86.8tRp81.0tRp9.2t9.3x9.5x1.1x
Sat, 26 Nov 2022Rp91.5tRp80.4tRp9.1t11.6x10.1x1.1x
Mon, 24 Oct 2022Rp94.3tRp77.1tRp8.4t14.7x11.2x1.2x
Wed, 21 Sep 2022Rp94.9tRp74.6tRp8.1t15x11.7x1.3x
Fri, 19 Aug 2022Rp92.8tRp69.2tRp6.1t15.8x15.2x1.3x
Sun, 17 Jul 2022Rp82.0tRp69.3tRp6.1t11.8x13.4x1.2x
Tue, 14 Jun 2022Rp108.8tRp67.0tRp6.0t9.9x18x1.6x
Thu, 12 May 2022Rp120.6tRp65.1tRp5.8t12.7x20.7x1.9x
Sat, 09 Apr 2022Rp137.5tRp57.7tRp5.5t16.6x25x2.4x
Mon, 07 Mar 2022Rp94.7tRp50.9tRp2.8t12.6x34.3x1.9x
Wed, 02 Feb 2022Rp73.2tRp49.0tRp3.2t11.6x23.2x1.5x
Fri, 31 Dec 2021Rp24.6tRp48.7tRp3.1t14.4x7.9x0.5x
Sun, 28 Nov 2021Rp27.3tRp46.6tRp2.3t14x12.1x0.6x
Price to Earnings Ratio

12.1x


Total Market Cap: Rp27.3tTotal Earnings: Rp2.3tTotal Revenue: Rp46.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 13.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.8x which is lower than its 3-year average PE of 13.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 37% per year over the last three years.
  • Revenues for these companies have grown 5.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market-2.22%
Materials-2.92%
Metals and Mining-0.063%
Steel-4.69%
Aluminum24.24%
Copper1.84%
Precious Metals and Minerals0%
Silver0%
Gold-1.48%
Diversified Metals and Mining-4.01%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KRAS Krakatau Steel (Persero)Rp123.001.7%
+Rp38.7b		-22.6%PS0.2x
LABA Green Power GroupRp398.005.3%
+Rp20.2b		680.4%PS51.4x
BAJA Saranacentral BajatamaRp102.006.3%
+Rp10.8b		-26.1%PS0.2x
NIKL Pelat Timah NusantaraRp270.001.5%
+Rp10.1b		-20.6%PS0.3x
BTON Betonjaya ManunggalRp398.003.1%
+Rp8.6b		-8.7%PE13.9x
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Latest News

ADMR

Rp1,310.00

Adaro Minerals Indonesia

7D

-4.0%

1Y

8.7%

GGRP

Rp212.00

Gunung Raja Paksi

7D

-25.4%

1Y

-53.7%

BTON

Rp398.00

Betonjaya Manunggal

7D

3.1%

1Y

-8.7%

KRAS

Rp123.00

Krakatau Steel (Persero)

7D

1.7%

1Y

-22.6%

BAJA

Rp102.00

Saranacentral Bajatama

7D

6.3%

1Y

-26.1%

NIKL

Rp270.00

Pelat Timah Nusantara

7D

1.5%

1Y

-20.6%

ISSP

Rp286.00

Steel Pipe Industry of Indonesia

7D

-0.7%

1Y

-1.4%

GDST

Rp106.00

Gunawan Dianjaya Steel

7D

-5.4%

1Y

-17.8%

LABA

Rp398.00

Green Power Group

7D

5.3%

1Y

680.4%